if they downplay TMTs assets and paint a gloomy picture it makes...

if they downplay TMTs assets and paint a gloomy picture it makes no sense merging and becoming a 160m or 170m cap company or whatever it will be by the time we merge.

makes more sense to stay a sub 70m market cap company with bugger all shares and wait for the doom and gloom to disappear which it will soon enough with the amount of VRBs announced.